Yemen's SBYB live with iMAL Islamic core banking system
Path Solutions the world's number one provider of Islamic banking software solutions, today announced that Shamil Bank of Yemen and Bahrain the third largest Islamic bank in Yemen, with a fully paid capital of six billion Yemeni Riyals, has gone live with Path Solutions' iMAL Islamic core banking suite.
SBYB is focused on expanding the range of Islamic products available to retail and corporate customers and improving the level of customer experience.
SBYB is now benefiting from the most advanced Islamic banking solution available on the market. With Path Solutions' iMAL the bank has greatly enhanced its ability to process trade finance transactions and grow its trade business as well as improve its local compliance and performance management capabilities.
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